[Plugin: Front-end Editor] Text formating not working.

I just installed your Front-end editor and was working with it to see how it works. Overall I love the idea. But there seem to be some issues. Whenever I format any text in a page or post with color, the color does not keep and in the html of the post it’s adding extra slashes. I also see that it’s adding extra slashes to links and other HTML tags. Any fix for this?